为推进多层次多支柱养老保险体系建设，促进个人养老金业务健康发展，提升个人养老金公共服务建设 水平，在个人养老金制度全面实施一周年之际，中国社会保险学会于2025年12月13日在北京举办了个人 养老金服务发展研讨会。参会单位及人员包括人社部养老保险司、信息中心、社保中心，以及高校和科 研机构专家学者、个人养老金业务参与机构。银华基金作为业内个人养老金业务先行者，受邀参加此次 会议，并作为基金行业代表进行经验分享发言。 本次大会主题为"聚力·引领·共赢"，旨在交流个人养老金制度实施情况，分享各方经验和成果，深入探 讨个人养老金业务发展机遇与潜在挑战，为推动建立个人养老金全链条服务体系规范、提升服务能力建 言献策。 会议由人社部社会保险基金监管局原巡视员、中国社会保险学会副会长主持。会议首先由人社部养老保 险司、社保中心、信息中心有关领导进行了主旨发言。随后，金保信社保卡科技有限公司总经理就电子 社保卡个人养老金全链条服务开展情况，进行了专题发言。金融机构方面，由银华基金管理股份有限公 司等参会代表，就个人养老金业务发展探索、理论研究、服务实践等主题，进行了经验分享。专家学者 方面，中国人民大学、北京大学、对外经济 ...

Core Insights - The personal pension products have shown unexpectedly high returns, with some individuals reporting yields exceeding 9% [1] - There is a phenomenon of "hot openings but cold deposits" in the personal pension business, indicating a disparity between the number of accounts opened and the actual deposit rates [3] - Banks are shifting their focus from merely increasing account openings to enhancing actual deposit rates [3] Group 1: Current Trends in Personal Pension Accounts - Many banks are promoting personal pension account deposits through various incentives, such as WeChat discounts for new account holders [2] - Agricultural Bank offers a "deposit gift package" to encourage contributions, with potential rewards for meeting certain deposit thresholds [2] - Other banks, including Ping An Bank and Beijing Bank, are also providing multiple incentives for account holders to deposit funds [2] Group 2: Challenges in the Personal Pension Market - The actual deposit rate remains low despite the high number of account openings, with only a small percentage of customers reaching the annual deposit limit of 12,000 yuan [3] - Factors contributing to low deposit willingness include limited tax benefits for eligible individuals and a lack of awareness regarding personal pension products [3] Group 3: Product Development and Market Potential - The personal pension product market has expanded significantly, with over 1,100 products available, including various types such as savings, funds, and insurance [5] - The average return for FOF-type personal pension funds is close to 5%, with some products yielding over 15% this year [6] - The personal pension system has substantial market potential, and banks are encouraged to innovate and collaborate with external institutions to enhance product offerings and customer engagement [7] Group 4: Recommendations for Investors - Investors are advised to diversify their asset allocation based on their risk tolerance and retirement goals, focusing on products with stable historical performance [8]